• Contact Us
  • About Us
Tuesday, July 14, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

CBN denies arrest of deputy governor

metro by metro
October 5, 2017
in Economy
0
CBN
0
SHARES
0
VIEWS

Central Bank of Nigeria (CBN) has denied that one of its directors had been arrested by the Economic and Financial Crimes Commission (EFCC).

Mr Isaac Okorafor, CBN’s acting Director of Corporate Communications, said on Wednesday in Abuja said that the report had no merit.

Read Also

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

“The attention of the CBN has been drawn to a report alleging that one of its deputy governors has been arrested and made to forfeit some amount of money to the EFCC.

“We wish to state categorically that there is no iota of truth in the said report and it is, without doubt, a mere figment of the writer’s imagination.

“The Bank and its officials will not be distracted from the onerous task of ensuring stability in the financial system, and indeed the economy, at this critical time.

“However, such persons bent on disparaging the Bank and its officials should note that legal options would be explored to protect its reputation from being tarnished in any manner.

“We therefore implore members of the media to always exercise caution and endeavor to verify their stories before rushing to the press,” he said.

According to an earlier report, the apex bank’s Deputy Governor for Operations Directorate, Chief Adebayo Adelabu, was alleged to have been arrested in a Transcorp Hilton Hotel room in Abuja with the dollar equivalent of N200 million.

The EFCC operatives were said to have acted on a tip-off.

The report which had not been officially verified said that EFCC operatives stormed the room, apprehended the CBN official, handcuffed him and whisked him away to their Maitama office in Abuja. (NAN)

Tags: CBN
Previous Post

Catalonia breaks from Spain 9 October

Next Post

ISIS suffers heavy defeat in Iraq

Related Posts

Elumelu Meets Tinubu In Aso Villa, Says President’s Policies For Nigerians’ Interests
Economy

Nigeria Ranks 55th Globally, Leads Africa In IMD Economic Performance, Slips In Overall Global Competitiveness

July 1, 2026
Economy

World Bank Approves $27m Performance-Based Grants For 20 Nigerian States

July 1, 2026
Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele
Economy

Ekpo Blames Economic Managers For Nigeria’s Inability To Achieve Sustained Economic Growth

July 1, 2026
IMF
Economy

Concerns As IMF Official Says Nigeria’s Unreported Spending Equals 2% Of GDP

July 1, 2026
Next Post

ISIS suffers heavy defeat in Iraq

Solbakken Questions FIFA Ball Sensor After England’s Equaliser In Quarter-final Win Over Norway

Solbakken Questions FIFA Ball Sensor After England’s Equaliser In Quarter-final Win Over Norway

July 14, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme

Trump Sends Congress Formal Notice Of Iran’s Conflict Resumption

July 14, 2026
‘Whole Civilization Will Die Tonight’ Trump Threatens As Iran Defies President’s Looming Deadline

U.S. Military Renews Strikes On Iran Amid Attacks On Tankers In Strait of Hormuz

July 14, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version